Economy

By one common definition, the U.S. economy is on the cusp of a recession. Yet that definition isn’t the one that counts. On Thursday, when...

Conflicting signs about the health of the U.S. economy have thrust the Federal Reserve into a difficult spot. With inflation raging at a four-decade high,...

Louisiana posted a 3.8% unemployment rate last month, its lowest June rate since the U.S. Bureau of Labor Statistics began tracking in 1976,

The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in what may be...

The ailing mortgage market is only getting worse as higher interest rates and inflation hammer American consumers, CNBC reports.  Mortgage demand dropped more than 6%...

The Washington, D.C.-based Tax Foundation ranks Louisiana as having the highest combined state and local sales tax rate in its Midyear 2022 report, matching the foundation’s ranking from earlier this year. 

The number of Americans applying for unemployment benefits last week hit its highest level in nearly eight months, but the total number of those collecting benefits fell.

Louisiana came in at No. 48 in CNBC’s annual Top States for Business ranking, beating out just Alaska and Mississippi.  CNBC ranked states based on...

Surging prices for gasoline, food and rent catapulted U.S. inflation to a four-decade peak in June, further pressuring households and likely sealing the case...

America’s employers added 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases.

With the economy recovering from the pandemic, Capital Region businesses are now dealing with inflation and the possibility of a recession.

More Americans applied for unemployment benefits last week and while layoffs remain low, it was the fifth consecutive week

Federal Reserve officials feared that high inflation could become entrenched in the economy and concluded that they may need to push interest rates higher...

Job openings fell sharply in May but still far outnumbered the people looking for work, the Bureau of Labor Statistics reports this morning.

Louisiana’s real gross domestic product decreased at an annual rate of 4.3 percent during the first quarter of this year, a larger drop than the national GDP,

Slightly fewer Americans applied for unemployment benefits last week, reflecting a robust job market despite rising job cuts in some sectors

Federal Reserve Chair Jerome Powell says there's “no guarantee'' the central bank can tame runaway inflation without hurting the job market.

Unemployment in the Baton Rouge metro area ticked up to 3.2% in May, from 3.1% the month before

The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported this morning in a slight downgrade from its previous estimate for January-March quarter

The job market is strong, but layoffs are happening. Businesses are pessimistic, but consumers are still spending. If you're having a hard time figuring out...